SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Siebel Systems (SEBL) - strong buy?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Amsterdam who wrote (2460)1/11/1999 7:25:00 PM
From: Ron   of 6974
 
Interesting optimistic comments from Goldman Sachs analyst Rick Sherlund from an article about sofware sales on DJ newswire:(excerpt)

And Siebel Systems Inc. (SEBL), which makes programs to automate sales and other front-office functions, should post a big jump in fourth-quarter profits, Sherlund estimates. He puts net for the period at $16 million, or 16 cents a share, compared with a year-earlier loss of $14.9 million, or 43 cents, including a $22.7 million pretax writeoff. Sales more than doubled to $119 million from $42.2 million, he estimates.
"The market penetration in sales force automation is 3% to 4%, so they might be able to push through 1999 without any impact from Y2K," Sherlund said.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News